Why the philippines peso has a lower value in the market

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1. Philippines as an example, why do you think the country's exchange rate is lower compare to other countries like US?

2. If you are in a position to decide, what do you think is the real problem why the Philippines' peso has a lower value in the market? Elaborate.

3. It is said the Philippines is a rich country when it comes to gold reserves, but why do you think Philippines still end up accumulating lots of debts from other countries? Explain your answer.

(I don't have a remaining number of questions to be ask in tutor, hope whoever can answer this will give an accurate information, please I badly need your help. A fewer words and concise is okay for me, I really need to pass it tommorow. I am having a hard time answering this question. Thank you so much.)

Reference no: EM132835534

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